As part of our week-long series The New Retirement: Seniors in Canada, CBC News produced this photo essay on six Canadians who have used their retirement years to reinvent themselves.
(1 month and 6 days ago)
A commonly held assumption is that retirement means being debt free. Your home is paid off, all your credit cards have zero balances, and you only have a car payment because you got amazing financing from the dealership. When you thought of retirement, a mortgage payment was certainly never part of that equation. If there were increased medical expenses or other...
(2 months and 25 days ago)
The Canadian dollar fell against the U.S. dollar, weighed down by fears Europe's debt crisis would be re-ignited, but losses were tempered slightly by news of an increase in investment in Canadian securities from foreign investors.
(2 months and 6 days ago)
New research from MGM Advantage shows the UK’s retirement nation collectively managing mortgage and personal debt to the tune of £105.5 billion. According to the retirement income specialist, 13% of retirees hold mortgage debts totalling £76 billion while 34% are … Read more »
(9 days ago)
Newt Gingrich, who still had nearly $4.7 million in debt left from his 2012 campaign at the end of the year, is launching a new effort aimed at paying down that debt and helping conservative candidates across the country. Read full article >>
(1 month and 27 days ago)
To get the dream retirement, you need to save money and the markets need to give you a decent payback for your effort. No secrets there. Hiding in plain view, however, are other keys to post-work bliss that are at least as important as savings rates and stock returns. Especially from your mid-forties, say, to your early sixties, you'll make money-related decisions that have...
(2 months and 17 days ago)
Conventional wisdom says homeowners should pay off their home loans before retirement. But for some affluent seniors, a mortgage may be a better financial decision.
(3 days ago)
Finding a retirement home means being realistic about physical needs, financial resources.
(2 months and 12 days ago)
Dozens of British and other foreign expats in Goa face losing their dream retirement homes and businesses over claims that they have been bought illegally.
(1 month and 18 days ago)
Many baby boomers have had their confidence rocked by the volatility of the stock market.Call it retirement anxiety, or maybe recession obsession.
(5 days ago)
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